US markets continues to lose ground ahead Fed’s rate decision; S&P declines by 0.23%
Due to poor global cues, Asian markets saw uneven trading earlier in the day.
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Gold slightly revives as attention diverts to the Fed’s decision
Gold became more affordable for holders of other currencies as the dollar depreciated 0.2% following its peak of almost six months, and the yield on the benchmark 10-year U.S. bond also decreased.
Silver soars at 0.6%, yellow metal continues to rise as investors seeks US inflation data
This Friday is the deadline for the US Core Personal Consumption Expenditures Price Index (PCE) statistics for February. January saw a 0.3% increase in the PCE.
Nasdaq and Dow hits fresh height as US Fed keeps interest rates unchanged
At 9:00 p.m. Indian Standard Time, the FTSE was 1.93 percent higher at 7,886.80 while the CAC was up 0.26 percent at 8,182.85. At 18,136.44, the DAX had a 0.67 percent increase in trading.
Oil prices remain within range amidst less possibility of dip in rates, know more
Following Street predictions, the benchmark interest rates were kept at 5.25 to 5.50 percent for the fourth consecutive meeting.